Dow Dividend Stock #10 – Johnson and Johnson (JNJ)
Market Cap: $180.3 billion
Annual Dividend: $1.96
Dividend Yield: 3.0%
Health care products giant Johnson and Johnson (JNJ) is the
company behind profitable brands like Tylenol, Sudafed and Listerine. JNJ has posted strong quarterly profits in each of the last four quarters, topping
expectations every time, and reported strong earnings on April 20 with profits up 29%. Johnson and Johnson boosted its quarterly dividend in
spring of 2009 for the 47th consecutive year, and it’s realistic to think that the company will do so again at some point in 2010. With popular
products projected to rake in over $64 billion in revenue this year, JNJ will have plenty of profits to share.
Top 10 High Yield Dividend Stocks in the Dow
Article printed from InvestorPlace Media, http://investorplace.com/2010/04/high-yield-dividend-stocks-dow-jones/.
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